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You are here: Home / Archives for Acquisitions

Justice Department and Federal Trade Commission Extend Public Comment Period on Serial Acquisitions, Roll-Up Strategies Across U.S. Economy

July 19, 2024 By CollisionWeek Editor

The Justice Department’s Antitrust Division and the Federal Trade Commission (FTC) announced they are extending the deadline for the public to comment on serial acquisitions and roll-up strategies that harm competition by 60 days. As CollisionWeek reported in May, the joint request for information (RFI) seeks to learn more about how corporate actors, including private […]

Filed Under: News Tagged With: Acquisitions, Department of Justice, Federal Trade Commission, Regulations

Penske Automotive Group Acquires Bill Brown Ford

July 16, 2024 By CollisionWeek Editor

Penske Automotive Group, Inc. (NYSE: PAG) has acquired Bill Brown Ford of Livonia, Mich. The Presidio Group LLC, an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility sectors, announced it advised the Brown family on the sale. The transaction included the Bill Brown […]

Filed Under: News Tagged With: Acquisitions, Michigan, Penske Automotive

Crash Champions Acquires Collision Repair Center in New Hampshire

July 15, 2024 By CollisionWeek Editor

Crash Champions announced the company is expanding its New Hampshire footprint with the acquisition of Auto City Collision Center, located at 90 South Commercial Street in Manchester. The acquisition was finalized on Friday, July 12 with operations transitioning to Crash Champions effective immediately. “This is another exciting step forward as we continue to expand the […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, New Hampshire

Distribution Solutions Group to Acquire Source Atlantic

July 11, 2024 By CollisionWeek Editor

Distribution Solutions Group, Inc. (NASDAQ: DSGR) announced that its operating company, Lawson Products, under its affiliate Lawson Products Canada, Inc.  signed an agreement to acquire Source Atlantic Limited. The transaction is expected to close in the third quarter of 2024, subject to regulatory approval and customary closing conditions. Source Atlantic, headquartered in Saint John, New […]

Filed Under: News Tagged With: Acquisitions, Canada, Distribution Solutions Group, Lawson Products

Quality Collision Group Acquires Repair Facility in Washington State

July 10, 2024 By CollisionWeek Editor

Quality Collision Group (QCG) announced the acquisition of Paramount Centre of Fife, Wash. Paramount Centre’s 50,000 square-foot space is dedicated to collision repair and auto restoration and is located at 6005 12th St E in Fife, approximately 30 miles south of Seattle. The new facility is QCG’s first location in Washington State. Mike Huber and […]

Filed Under: News Tagged With: Acquisitions, Quality Collision Group, Washington State

Lift Auto Group Acquires First Yukon Location

July 9, 2024 By CollisionWeek Editor

CSN Collision announced that Lift Auto Group acquired its first Yukon location, CSN Whitehorse, that previously operated as CARSTAR Whitehorse. When Jim Muir, the former owner, and his wife Alison decided it was time to sell, they chose Lift Auto Group for its proven track record. “Lift was the right fit for us. We’ve worked […]

Filed Under: News Tagged With: Acquisitions, CSN Collision, Lift Auto Group, Yukon

Classic Collision Acquires Repair Center in Key West, Florida

July 8, 2024 By CollisionWeek Editor

Classic Collision, LLC announced the acquisition of Cooper’s Paint & Body Shop in Key West, Fla. Cooper’s Paint & Body Shop welcomed its first customers in 1952. “Being a family-owned and operated shop, we have treated each client as a part of our family. We believe future customers will still experience the family atmosphere thanks […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Florida

Axalta Completes CoverFlexx Group Acquisition

July 3, 2024 By CollisionWeek Editor

Axalta Coating Systems (NYSE: AXTA) announced it completed the previously announced acquisition of The CoverFlexx Group from Transtar Holding Company. The CoverFlexx Group manufactures and sells coatings for automotive refinish and aftermarket applications, focused on economy customers in North America. “The acquisition of The CoverFlexx Group further solidifies our excellent offerings in Refinish coatings,” said […]

Filed Under: News Tagged With: Acquisitions, Axalta Coating Systems

OpenRoad Collision Expands Allard Collision in Arizona with Acquisition of 3 Repair Facilities

July 2, 2024 By CollisionWeek Editor

OpenRoad Collision announced the expansion of Allard Collision in the Phoenix metropolitan area. Allard added three new locations in the broader Phoenix market through the acquisition of Andy’s Collision, a two location MSO with locations in Glendale and North Phoenix, and Airpark Collision, a collision center in Scottsdale. In total, Allard Collision now operates seven […]

Filed Under: News Tagged With: Acquisitions, Arizona, OpenRoad Collision

Classic Collision Enters Mississippi with Latest Acquisition

July 1, 2024 By CollisionWeek Editor

Classic Collision, LLC announced the acquisition of Milestone Collision & Glass located in Nesbit, Miss. The new location is Classic’s first location in the state. “Our company vision was to help people return to their everyday lives with peace of mind, and I know the Classic Family will continue that vision. We look forward to […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Mississippi

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